The aim of this research was to analyze two models of development, the Chinese model and the model of Argentina. Therefore, two hypotheses are formed. Testing the first hypothesis has had answer to the question can China success be associated with not following Washington’s consensus recommendation. The second hypothesis examine the relationships between disappointing results of Argentina and recommendations of the Washington consensus.
The results show that disrespects of the Washington’s consensus have a negative impact on China’s growth, it would have been even higher if China followed the recommendations.
The results of second hypothesis show that the reason of the disappointing results of Argentina are not because of the Washington consensus recommendation. The results would be even worse if Argentina did not follow this recommendation.